Page "Accountancy" Paragraph 15

The Res Gestae Divi Augusti ( Latin: " The Deeds of the Divine Augustus ") is a remarkable account to the Roman people of the Emperor Augustus ' stewardship.

It listed and quantified his public expenditure, which encompassed distributions to the people, grants of land or money to army veterans, subsidies to the aerarium ( treasury ), building of temples, religious offerings, and expenditures on theatrical shows and gladiatorial games.

It was not an account of state revenue and expenditure, but was designed to demonstrate Augustus ' munificence.

The significance of the Res Gestae Divi Augusti from an accounting perspective lies in the fact that it illustrates that the executive authority had access to detailed financial information, covering a period of some forty years, which was still retrievable after the event.

The scope of the accounting information at the emperor's disposal suggests that its purpose encompassed planning and decision-making.